Re: Tax Day Sad Reminder Trump Paid No Taxes

"Obama had the White House and the Democrats controlled both the House and the Senate for two years in 2009 and 2010, but they did NOTHING to reform the tax code or to shore up Social Security. Obamacare was two little, too late — when what we really needed was something similar to a "single-payer" healthcare system. A new study has put a price tag on how much more the United States pays in health care costs because it has chosen not to adopt a single-payer system: $375 billion annually."

It's interesting that the party that continues to cry about income inequality did noting about it when they were in control.

The Democrats gave 34 MILLION Americans Health affordable Insurance that could not be denied for pre-existing conditions or cancelled because you get sick or didn't fill out you paperwork properly, AND Insurance company overhead was capped at 20% with any amounts over that returned to the policy holders. Republicans want to destroy Obamacare but have NO PLAN to replace it, so pre-existing conditions will again be uninsured and you can get cancelled whenever your insurance company decides to and can set their overhead as high as they like, JUST LIKE IT WAS BEFORE OBAMACARE..

The did this DESPITE the FACT they only held a 60-vote super-majority from July to August in 2009. During President Obama's first 2 years on office Obstructionist GOPers in the Senate staged OVER 400 FILIBUSTERS to kill legislation supported by a majority in BOTH houses of Congress.

Re: Tax Day Sad Reminder Trump Paid No Taxes

"Obama had the White House and the Democrats controlled both the House and the Senate for two years in 2009 and 2010, but they did NOTHING to reform the tax code or to shore up Social Security. Obamacare was two little, too late — when what we really needed was something similar to a "single-payer" healthcare system. A new study has put a price tag on how much more the United States pays in health care costs because it has chosen not to adopt a single-payer system: $375 billion annually."

It's interesting that the party that continues to cry about income inequality did noting about it when they were in control.

Yes they did

They created a National Healthcare Program that allowed 20 Million Americans to decrease the chances that they would have a Catastrophic Illness That would put them an the bottom 1/10 of 1 % for the rest of their lives

They protected All Americans from being preyed upon by Insurance Companies because they had a family history of diabetes or they got skin cancer or Asthma

They allowed my kids to get through College without accumulating another $50,000 in Medical debt in addition to their 50k in College Loans - BTW - My kids got into College the old fashioned way - they worked hard & got good grades

Re: Tax Day Sad Reminder Trump Paid No Taxes

"Obama had the White House and the Democrats controlled both the House and the Senate for two years in 2009 and 2010, but they did NOTHING to reform the tax code or to shore up Social Security. Obamacare was two little, too late — when what we really needed was something similar to a "single-payer" healthcare system. A new study has put a price tag on how much more the United States pays in health care costs because it has chosen not to adopt a single-payer system: $375 billion annually."

It's interesting that the party that continues to cry about income inequality did noting about it when they were in control.

"Tax Day 2019 is the perfect day to make the case for increasing taxes on the richToday is the last day to file your 2018 taxes. Here's why millionaires and billionaires like Warren Buffet often pay less than the middle class."

While enraging, this outcome is really just part of a broader truth: The top 0.1 percent of Americans own almost as much as the bottom 90 percent combined, and the gap between these groups is widening with each passing day. Virtually all of the benefits of our growing economy have gone to those at the top, while most American families have experienced stagnating wages and rising costs of living.

These levels of inequality are dangerous and destabilizing — it’s no coincidence that the last time wealth in America was so concentrated was immediately before the Great Depression.

Luckily, there’s a simple solution, one that the overwhelming majority of Americans already support.

Tax the rich.

To be clear, all we propose is make sure that the wealthiest in our country pay their fair share — which does not happen now and is one of the primary reasons why wealth inequality has continued to deepen. Think of the tax code as a fundamental building block of our economy, one of the few that the federal government has direct control over. By raising taxes on the wealthiest Americans (including on one of the authors of this op-ed) we can start to reverse decades of growing inequality and reshape our economy into one that works for everyone, not just a wealthy few.

No civilization in history has survived by taxing rich and poor alike, and yet the GOPerLords continue to push for a "fair flat-tax" as if such a thing might exist.

All the maoning and growning about RAISING taxes comes from the parasites at the top. The US did very nicely when over half the population was exempted from paying ANY Federal Income tax, it worked to finance the Civil War, WWI and WWII and was keeping our National Debt "insignificant" until Reagan decided to exempt the rich from paying and shifting the burden to the Middle Class.

Please do not start the childish rant about how many dollars the rich contribute - that amount is the LOWEST portion of their total income it has ever been while the share of income contributed by the bottom 90% is the HIGHEST.

NOTHING IS A BURDEN UNTIL YOU GIVE SOMETHING UP TO BEAR IT.

Right - HISTORY

Here are the Economic Results of the USA's Capitalistic History

1. 1920 - 1930 - Wall Street Crash

America’s 1% hasn’t controlled this much wealth since before the Great Depression

Gilded Age 2.0: U.S. Income Inequality Increases to Pre-Great Depression Levels

2. 2006 - 2010 -Keeping Up With The Jones's

Yet, for all the efforts to eliminate the causes of the crisis on Wall Street, one of the root causes of the financial crisis remains unresolved — namely, income inequality. In 2010, a report by the Democrat-controlled joint economic committee suggested that income inequality, which led middle income households to take on unthinkable levels of debt, may have been “part of the root cause of the Great Recession.”

This theory of income inequality as one of the recession’s key causes was recently advanced by economists John McCombie and Marta Spreafico, of the universities of Cambridge and Milan, respectively.

The logic goes, as American incomes began to stagnate in the 1970s — due to an emergent trend of globalism and automation that made low-skill labor competitive on an international scale — members of the once-prosperous American middle class took on unmanageable debt in order to maintain their financial comfort.

Meanwhile, the blooming of the financial sector spurred rapid growth at the upper end of the income distribution.

A recent chart made by inequality researchers Thomas Piketty, Emmanuel Saez, and Gabriel Zucman illustrates this rising inequality with striking clarity. The graph notes the change in income for every income percentile, every year, from 1980 to 2014.

In 1980, Americans within the 50th percentile of the income distribution enjoyed the highest levels of average annual income growth, averaging between 20 and 30 percent after over a decade. The average rates of the highest earners were less than 1.5 percent per year.

In 2014, after four decades of income stagnation for the middle class and unprecedented growth for the top 10 percent, the average annual income growth rate for the bottom 50 percent fell to a range between 0 and 1 percent; the highest income earners took in a rate of more than 6 percent.

Re: Tax Day Sad Reminder Trump Paid No Taxes

Since your client has claimed knowledge generally not available to the public (what another paid or did not pay), do you have any substantiate on the topic or will you rest on the childish "oh I forgot" and the usual go-to response - something about Fox.

Speaking of researching anything - may I ask, how did you research the President's tax information?

SOME PEOPLE DO underestimate the costs of the many other taxes they pay — especially the payroll taxes, sales taxes and gas taxes that fall heavily on lower-income people. In reality, low-income Americans pay a lot in taxes, and their role in paying for schools, roads and other public services largely go unrecognized.

www.economicpopulist.org/content/poor-pay-more-taxes-5660Yes, the rich pay more in taxes (because they earn so much more) — but they don't usually pay more as a percentage of their incomes. According to a new report from the Institute on Taxation and Economic Policy, in nearly every state, low- and middle-income families pay a bigger share of their income in state and local taxes than wealthy families.

SO it goes Mr. rk9152 ----- The USA has the disabled or seniors who didn't earn much in their early years prior to retirement or those suffering from catastrophic events we should provide financial and emotional assistance in not wanting to be known as a third world country don't we ? When workers are underpaid then even more social benefits become necessary to retain our "compassionate " status in the USA. . OR just because we are human after all and on this earth only to help one another.as suggested by every religious community there is.

If anyone is wealthy then good for them but they didn't do it alone without help. There is no justice if they are in that position and support one party cause of tax breaks that will hurt our country by putting it in more debt. and then to add more to the injury of the less fortunate …..it's unAmerican.

Re: Tax Day Sad Reminder Trump Paid No Taxes

Tax Day 2019 is the perfect day to make the case for increasing taxes on the richToday is the last day to file your 2018 taxes. Here's why millionaires and billionaires like Warren Buffet often pay less than the middle class.

Mick states as a fact "Tax Day Sad Reminder Trump Paid No Taxes ".

Mick would you be so kind as to back that up if you can? If not it's just another made up thread for the purpose of???

Honestly ............. can you not actually research anything for yourself? Oh, I forgot, you rely of FOX Fake News Network to lie to you.

Since your client has claimed knowledge generally not available to the public (what another paid or did not pay), do you have any substantiate on the topic or will you rest on the childish "oh I forgot" and the usual go-to response - something about Fox.

Speaking of researching anything - may I ask, how did you research the President's tax information?

I have no "client". Since my reply was to KidBoy2, is KidBoy2 now your "client"?

So in other words you haven't seen everything trump has said himself in reference to his taxes and what has been said publicly about them on national networks? Or have you seen all that he has said but simply deny it ans it's implications? The on single deduction he admittedly used is enough to know that he paid no taxes for multiple years.

"The only thing that man learns from history is that man learns nothing from history."

Re: Tax Day Sad Reminder Trump Paid No Taxes

The Last Time Trump Paid Taxes - YouTube ----- Musical nostalgia inspired by yet another Trump scandal (otherwise known as Saturday on Twitter ) *Lauren makes current events fun (or at least helps you laugh at them)